online safe banking Tips and tricks

 Safe and secure Banking is important especially for online banking . Ensure you Follow the step to have a secure online banking 

Skimming :

Skimming is an act of stealing information through the magic strip on the cards that are used in ATMS and merchant establishments. Fraudsters collect information from credit/debit/ATM card by reading the magnetic strip on the reverse of the card. For doing this, they conceal a small device in the card slot of ATM's or merchant payment terminal 

Safety Tips:    

• Protect your pin by standing close to the ATM and shielding or cover the Keypad with your other hand when the entering your pin.
• keep your pin a secret. Never reveal it to anyone, even to someone who claims to be calling from the your bank or a police officer 
• Regularly check your account balance and bank statements, and the reports any discrepancies to your bank immediately.

SIM SWAP  

A mobile phone is a convenient banking channel. One can get account-related alerts, one Time Password (OTP), Unique registration number (URN), 3D secure code etc. required for financial inquiries through the mobile.

Safety Tips :

• Be vigilant and try to stay aware of your cellphone's network connectivity status. If you realize that you are not receiving any calls or SMS notification For a long time, something may be wrong and you should make enquiries with your mobile operator to be sure that you have not fallen victim to this scam 
• Register for Alerts (SMS and Email)so that when there is any activity on your bank account you will receive an alert
• Always check your bank statements and online banking transaction history regularly to help identify any issues or irregularities.

SMISHING :

   It is a combination of short message service (SMS - also known text messaging) and phishing ( The act of emailing someone with the internet of obtaining personal information that can be used for identity theft).

Safety Tips :

• Never share financial or personal information by e-mail or text message 
• Check accounts regularly to spot fraud or unauthorized account access.

CYBERSTALKING    

Cyberstalking is the use of internet or other electronic methods by fraudsters commonly obtain information through social media and other online sources 

Safety Tips 

• Always keep your vital information minimum in online 
• protect and change your e-mail id and password regularly for key online accounts 
• Review all your privacy and security settings regular.